Real estate valuations play a pivotal role in today’s business climate; an accurate and well-supported opinion of property value is imperative in reaching critical goals such as securing a loan, closing a sale, reporting to investors and choosing the best asset.
Colliers International Group Inc. is a global real estate services and investment management company with more than 14,000 professionals operating in 68 countries. Colliers Valuation & Advisory Services’ reports are designed to deliver insight into a property’s fundamentals, its competition and the overall market dynamics that affect value. When addressing both a property’s unique characteristics and the most current market conditions, a solid valuation report can be a strategic asset for investors, lenders and owners.
Colliers’ commitment to high-end client service, coupled with unparalleled market intelligence and resources, differentiates us as the firm of choice in the real estate industry. Managing Director David Abraham, MAI SRA, has a background in finance, development, construction and valuation, and he has been helping clients in the real estate and business consulting field for more than 30 years. He heads the Specialty Agriculture Valuation Team at Colliers and is experienced in the valuation of business interests, going-concerns, hydroponic facilities, greenhouses and farming operations.
For example, a cannabis company had a parcel under contract and was about to begin construction. They called on Colliers to value its real estate after completion of grow improvements, and we were able to help them benefit from an Industrial Facilities Tax Credit, which allows the owner to keep property taxes fixed at the before-renovation rate for 15 years. However, the company needed to apply for the tax credit before breaking ground on construction. Colliers assisted the owner in securing the tax credit without holding up the project, saving the operator more than $1.5 million in property taxes over 15 years.
With experience you can trust, the Colliers team shares a commitment to delivering the highest level of service and consistent results, going the extra mile to meet tight deadlines or working with a complex and challenging property.
For more, visit www2.colliers.com/en/Experts/David-Abraham.